Seriously, do these people live in an alternate universe?
I don’t believe the numbers. Let’s see all the 3 plans’ levels and costs. Farce-butt + Forbes = BS.
It’s easy - they’ll do with ObamaCare what they did with Social Security Trust Fund. They’ll take every dime out as it comes in and NOT put aside money for future costs. Then in a few years they’ll refer to it as an ‘entitlement’... and try to ‘means test’ it.
The devil is in the details. What is covered and what is the deductible? If the premium is less than $300 a month, I suspect not much is covered and the deductible is likely $5,000.
thanks to the large influx of customers as a result of Obamacare . . . For the 2.6 million Californians who will receive federal subsidies, the price is a good deal less expensive . . .
if the IRS turns over all those fines paid to skip coverage AND the federal subsidies increase? Is that how low premiums are obtained?
This is the truth despite the source. It's the same marketing strategy cable companies, cell phone providers etc. , use-- low priced introductory offers, then they'll get you later, once you've signed the contract. And once those that are new to insurance , not having used health care services much, actually start using it, the premiums skyrocket. This Ungar is a hack trying to wlak Obama past the 2014 elections.
Ungar appears to be the Forbes token commie lib. A lot of his pro-Kenyan articles have been posted here recently.
There’s the ‘U’ word again! It never goes out of style with the Left.
Might explain why many potential providers opted out.
Well, first, the writer says that Aetna has not been a player in the California individual insurance market. Well, my wife has an individual plan, and Aetna was quoting her coverage.
As to United Health Care, they do not write individual policies, at least not in CA. They write group policies, including Medicare supplemental policies via AARP.
As to the rates, I say baloney. She has an individual Blue Cross policy with a $5,000 a year deductible on medical and a separate deductible on drugs. The monthly premium is $488. We pay nearly $11,000 a year between premiums and deductible before she gets to collect one cent. The good news is she goes on Medicare in January.
Notice there is no detail of the coverage offered under these policies. Just wait until claims start coming in and then watch how fast the premiums rise.
Plus yes the benefits on the silver and bronze plan are pretty limited.
If Obamacare is so great and wonderful, why did Congress exclude themselves from it?
It is a sucker rate. Next year it will zoom
Looks like Co Pays and annual out of pocket charges are based on income. This will make sure that waiting rooms are always full of low income folks.
This is the same state that, if you have a medical issue and cannot afford to get anything done about it (no insurance) - just go out there, live with a friend or family for a month or two, and you qualify for MediCal - and they will pick up the tab for you...
I speak from indirect experience - my brother-in-law’s own inlaws... went to visit family in California, a little over a month after arriving, his back troubles (had been having issues already - and indeed had a history of back trouble and surgery) got bad again. Having no insurance, they were worried. Family said “no problem” - he signed up for MediCal and had the surgery a couple weeks later. No question asked, other than how long have you been California... They told the truth.
Even more interesting - his mother-in-law got a surgical consult about maybe getting lap-band surgery done (she is very overweight). And found out that MediCal would pay for that too... Foot- most insurance wont do those procedures....
CALIFORNIA FUDGES OBAMACARE MATH (Bloomberg 5-24-13)
Bloomberg doesn’t allow us to post here. Follow link:
For me to start to believe this guy, he would have to demonstrate that the coverage is comparable or better, which he can’t. The Obamoids are trying to start a meme, “Obamacare really is what we said it would be,” which will come to an abrupt dead end when people start getting the bill.
are these rates, ‘offered rates’, if so by who,
or are theses prices... maximums set by Cal?
It will be interesting to see just how many physicians accept the new exchange rates. Already stretched thin from low Medicare payments because there has been no increase in payments since 2002 much of the reported rates are below the current Medicare rates. In addition the new rules and regulations along with reporting requirements will undoubtedly create a new class of insured patients the ones that have a card but can’t find a doctor. And where will they end up? In the ER a problem the ACA was supposed to solve.
In my state the average FP is 55 years old and all of us are frustrated by the lack of payment increased regulations and the fact that after thirty years of medical practice things are going to get worse before those rosy predictions of Mr Obama ever materialize